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$286,500

2416 Gary Lane, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.97 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size1.25 acres

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN140204040025002
Lot Number25
SubdivisionGreen Acres Est
Land UseResidential
Legal DescriptionGREEN ACRES EST LOT 25 BLOCK A ACRES 1.2463
Census Tract004105
Assessed Land Value$27,800
Assessed Improvement Value$240,000
Assessment Year2025

About this property

This one owner 1970 home offers timeless character and a rare opportunity to enjoy space, privacy, and natural beauty. Nestled on 1.25 acres, the property features just under 2,000 square feet of comfortable living space, including three bedrooms and two full baths. Inside, you’ll find an original-condition interior that is offering a blank canvas for personalization or a chance to embrace its vintage charm. The layout provides a functional flow with generous room sizes and plenty of natural light throughout. Outdoors, the expansive lot is dotted with seven mature pecan trees and a pear tree, creating a peaceful, park-like setting with seasonal harvests to enjoy. A detached garage adds exceptional versatility, with space to accommodate up to three additional vehicles, workshop needs, or extra storage. Whether you’re looking to update, restore, or simply enjoy a property with room to grow, this unique home offers endless potential in a serene, tree-filled setting. Listing Agent is daughter of deceased Sellers and is Co-Executor of Estate along with sister Susan Helton.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$0Estimated Mortgage Balance
$284,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,719 /month
Positive
Cash Flow Estimate:
$573 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,637
$245,007
2025
$27,800
$240,000
$267,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,637
$245,007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$284,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
5.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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2416 Gary Lane | Property Details | No Agent List